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that there will be some change in the electoral law, in the expanse public sector and for the italian politics and some changes in terms of structural reforms that could carry over until the beginning of next year. while obviously it's not the ideal scenario overall, because italy needs something more than just a little changes here and there, but that would be the first step in the right direction. >> right. and as annalisa says, futures could cause near term volatility. thanks very much. she's a senior economist at new edge. speaking of tumultuous, russia's president is coming under controver controversy. while russia's economy hadn't performed badly last year, falling commodity prices risk pushing the country into recession. these comments come just hours after president putin threatened to fire officials for not following his orders on public spending. geoff cutmore is outside this event. what are you hearing about these concerns and the russian economy overnight? >> reporter: absolutely. fascinating issue. we clearly see some risks emerging in the russian government at this point. and i just want
the latest out of the boston area. it began last night, in fact. two men identified by law enforcement sources as the boston marathon attack suspects armed with explosives and guns were battling authorities in a suburb of boston suburb watertown this morning. there was chaos until police took one man into custody and the other one fled. he is said to be armed and dangerous. one of the suspects taken into custody is dead. the other is still on the run. the standoff erupted shortly after the shooting of a police officer. now, references the photograph released by the fbi on thursday, authorities say it's the white hat suspect known as suspect number two who remains on the loose. again, as authorities told us in a preference conference this morning, he is considered armed and dangerous, a threat to anybody who might approach him. that's why the authorities in that area are warning residents in the area to stay in their homes. they're warning motorists, as well, moving through obviously not to pick up anyone that they might see on the road. there are reports of explosive devices. one resid
a continued heightened law enforcement presence as the city tries to come to grips with a violent attack in the heart of boston. and that was katie davis there with that report. now london's metropolitan police are reviewing security plans for this sunday's marathon after the explosion in boston. the minister told bbc the best way to show solidarity with boston is to continue the race as the french president has stepped up security around public buildings in this country and raised the threat level to red. >>> speaking earlier, it was said the long lasting impact of terrorist attacks are low. >> research into terrorist incidents over many, many years, their economic impact, their direct economic impact tends to be very, very small, indeed. a lot of good research done on this in israel. what i would say is yes, of course, very often the economic cost is largely in how we react. what new measures are put in place to counter this sort of thing often i'm afraid a certain amount of closing the stable door after the horse has bolted. i'm afraid we live in a world where terrorism incidents are
. foreign investment law was passed in november of last year. that was a real smile tone for foreigners, especially western companies who i think for the past year to about 18 months have been seeing this as the last frontier market in asia. and the sanctions, although exactly as you rightly put out, there are other things that still need to be done in the country from a political point of view. definitely the lifting of sanctions is a very strong signal to the international community. >> so if you're in europe right thou looking at this opportunity in myanmar, now the sanctions have been lifted. i imagine there are still some pretty intense headwinds. what might those be? >> well, i think one thing that you still have to bear in mind is that while the eu sanctions may have been lifted, there is still what we call a designated lift that the u.s. still has in place. and under that, there are a whole list of business necessary myanmar that they can't do business with. and many eu companies, also for reputational reasons, they may not want to engage with those businesses. so that's still s
Search Results 0 to 3 of about 4

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